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CEO projects share of sales will double as companies integrate technology into operations
...Just like using a kitchen knife to create artwork, it’s doable, but the effect is suboptimal,” said Charlie Chai, an analyst at research group 86Research....
...Adam Neumann has made a fresh push to regain control of WeWork even as the co-working group races to raise hundreds of millions of dollars to emerge from bankruptcy and avoid a sale, according to two people...
...Munich Re chair Nikolaus von Bomhard and his BASF counterpart Kurt Bock were both previously the most senior operational executives at their respective groups....
...The deal marks the end of CPI Property Group’s ownership of the resort....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...I met up with Thierry and the rest of the group slightly lower and we tipped forward on to the face. It is a vertical maze, ribs of rock dividing the numerous gullies and spurs....
...In Andermatt-Sedrun, another Swiss ski and golf resort in which a majority stake was bought by Vail Resorts a year ago, the number of overnight stays by North Americans quadrupled last winter....
...costs for new resorts....
...The sheer size and interconnectedness of capital markets have forced central banks — in 2008, 2020 and 2023 — to become a backstop and buyer of last resort of securities to prop up both the banking sector...
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...The group estimated the rule would cost airlines $33bn over 10 years....
...Brookfield is still considering offloading a minority stake or recapitalising Center Parcs, but could also opt to hold the resort group for several more years, the people said....
...Alibaba Cloud has distributed the majority of its advanced GPUs to business units within the Alibaba Group, said two employees of the cloud business....
...“Airdrops are a last resort and will not avert famine,” said Carl Skau, WFP deputy executive director....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...It will have to resort to more discounting amid a “frozen” housing market. It cut the top end of its full-year revenue guidance and sharply lowered its outlook on adjusted operating margin....
...A cyber criminal gang proficient in impersonation and malware has been identified as the likely culprit for an attack that paralysed networks at US casino operator MGM Resorts International....
...The US private equity group controls just over 70 per cent of Endeavour’s voting rights....
The American economist who once said the age of rapid innovation was over has a striking prognosis about AI
...Choice Hotels International has scrapped its $9bn hostile takeover of Wyndham Hotels and Resorts, ending an almost year-long pursuit of the rival hotel group whose board repeatedly criticised the deal....
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life and Art wherever you listen...
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
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